Zhu, who’s based in China, will continue to oversee Tesla’s sales in Asia and take over manufacturing operations globally, according to the people familiar with the changes, who declined to be identified discussing private information.
Representatives for Tesla didn’t respond to requests for comment. The carmaker’s shares traded down 4.8% as of 1:20 p.m. Tuesday in New York.
It’s unclear if the revised management structure is permanent or if reporting lines could still change.